SPYR (OTCQB: SPYR) is dedicated to identifying and targeting acquisitions that aid in growing its overall market reach and industry footprint, as evidenced by its 2020 acquisition of Applied Magix Inc. The company, which develops and resells Apple(R)- ecosystem-compatible products through its subsidiary, in line with its focus on the multibillion-dollar internet of things (“IoT”) smart home and connected car markets, is also exploring new ways to improve its offerings, stay ahead of its competition, and increase customer satisfaction. “One avenue that it seeks to venture into is artificial intelligence (‘AI’). SPYR just announced that Applied Magix is exploring AI applications for inclusion in its products, mainly due to its tremendous promise and potential benefits to the end customer,” a recent article reads. “SPYR is also working toward expanding its product and service offering, having announced that it is considering entering the mobile virtual network operators (‘MVNO’) market. The company’s objective is to offer unique mobile phone plans exclusively for iPhone users.”
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About SPYR Technologies
SPYR is a technology company which, through its subsidiary, Applied Magix Inc., develops and resells Apple(R) ecosystem compatible products with an emphasis on the growing multibillion-dollar IoT smart home and connected car markets. SPYR continues to identify and target acquisitions that will grow its footprint in the industry and expand the products it offers consumers, including companies developing artificial intelligence (“AI”) and smart-technology products. For more information about the company, visit https://ir.SPYR.com.
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